Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Musk to discuss $5 billion xAI investment with Tesla board
(Reuters) - Tesla CEO Elon Musk said on Thursday he will discuss a $5 billion investment in artificial intelligence startup xAI, as the electric-vehicle maker looks to double down on efforts to expedi...
Thomson Reuters Jul 25, 2024
Leveraged Nvidia ETFs ramp up investor risk as tech turbulence hits markets
By Suzanne McGee (Reuters) - Making leveraged bets on Nvidia is likely to get much riskier if Wall Street's tech-led selloff continues. Exchange-traded funds (ETFs) designed to magnify the daily moves...
Thomson Reuters Jul 25, 2024
Amazon racing to develop AI chips cheaper, faster than Nvidia's, executives say
By Max A. Cherney AUSTIN, Texas (Reuters) - Inside Amazon.com's chip lab in Austin, Texas, half a dozen engineers on a Friday afternoon put a closely guarded new server design through its paces. The s...
Thomson Reuters Jul 25, 2024
Sibanye Stillwater delays releasing results after cyberattack
(Reuters) - Sibanye Stillwater will release half-year financial results on Sept. 12, two weeks later than scheduled, after a cyberattack on its IT system caused limited disruption to its global operat...
Thomson Reuters Jul 25, 2024
Russia, China turn to digital payments as sanctions hamper bilateral trade settlements
By Elena Fabrichnaya and Alexander Marrow MOSCOW (Reuters) - The increased use of digital assets in cross-border settlements between Russia and China is easing bilateral payment issues, digital platfo...
Thomson Reuters Jul 25, 2024
The lower the AI exposure, the bigger the problem for Europe's chip firms
By Olivier Sorgho and Nathan Vifflin (Reuters) - Shares in European semiconductor firms less exposed to AI chips slumped on Thursday as falling demand from their key automotive and industrial clients ...
Thomson Reuters Jul 25, 2024
AI cloud provider SMC plans global rollout, CEO says
Singapore - Singapore-headquartered AI cloud provider Sustainable Metal Cloud (SMC) is planning to expand globally as its sees fast-growing demand for its energy saving technology, its CEO said on Thu...
Thomson Reuters Jul 25, 2024
EU and Singapore agree digital trade deal
BRUSSELS (Reuters) - The European Union and Singapore concluded a digital trade agreement on Thursday designed to ease cross-border data flows and shape global rules for data. The agreement, supplemen...
Thomson Reuters Jul 25, 2024
BofA payments app for businesses handled record $500 billion by mid-year
By Lananh Nguyen NEW YORK (Reuters) - Bank of America's corporate clients approved a record $500 billion in payments through its CashPro app by mid-year, up almost 40% versus the same period in 2023, ...
Thomson Reuters Jul 25, 2024
Stellantis to sell majority stake in Comau robotics unit to One Equity Partners
MILAN (Reuters) - Carmaker Stellantis will sell a majority stake in its robotic unit Comau to One Equity Partners, the three companies said in a statement on Thursday, in a move aimed at supporting Co...
Thomson Reuters Jul 25, 2024

